What is the fixed overhead spending (price) variance Actual machine hours 1,160 Standard machine hours allowed 1,310 Denominator activity (machine hours) 1,450 Actual fixed overhead costs $ 16,560 Budgeted fixed overhead costs $ 17,400 Predetermined overhead rate ($2 variable $12 fixed) $ 14 ...

The fixed overhead spending price variance is calculated as the difference ...

What is the fixed overhead spending (price) variance? Actual machine hours 1,160 Standard machine hours allowed 1,310

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What is the fixed overhead spending (price) variance?

Actual machine hours		1,160
Standard machine hours allowed		1,310
Denominator activity (machine hours)		1,450
Actual fixed overhead costs	$	16,560
Budgeted fixed overhead costs	$	17,400
Predetermined overhead rate ($2 variable + $12 fixed)	$	14

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What is the fixed overhead spending (price) variance? Actual machine hours 1,160 Standard machine hours allowed 1,310

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